Chipotle Mexican Grill (CMG) Gets Price-Target Increase From Wealth-Management Firm
From Yahoo Finance: 2025-05-27 16:12:00
Wealth-management firm Bernstein raised its price target on Chipotle Mexican Grill, Inc. (NYSE:CMG) to $65 from $60 due to its cheaper products compared to competitors and expected data rebound this quarter.
Bernstein predicts CMG won’t lose market share to quick-service restaurants due to its low prices. Positive catalysts include upcoming marketing plans and improved restaurant efficiency.
In the last month and three months, Chipotle Mexican Grill (NYSE:CMG) stock has remained relatively unchanged.
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